Direxion Daily Emerging Markets Bear 3X Shares (EDZ)
EDZ is a passive ETF by Direxion tracking the investment results of the MSCI Emerging Markets Index (-300%). EDZ launched on Dec 17, 2008 and has a 1.08% expense ratio.
ETF Info
| ISIN | US25459Y4706 |
|---|---|
| CUSIP | 25459Y470 |
| Issuer | Direxion |
| Inception Date | Dec 17, 2008 |
| Region | Emerging Markets (Broad) |
| Category | Leveraged Equities, Leveraged |
| Leveraged | 3x |
| Index Tracked | MSCI Emerging Markets Index (-300%) |
| Home Page | www.direxion.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
EDZ has a high expense ratio of 1.08%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: EDZ vs. EDC, EDZ vs. YANG, EDZ vs. BERZ, EDZ vs. AMAT
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Direxion Daily Emerging Markets Bear 3X Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Direxion Daily Emerging Markets Bear 3X Shares had a return of -17.10% year-to-date (YTD) and -26.07% in the last 12 months. Over the past 10 years, Direxion Daily Emerging Markets Bear 3X Shares had an annualized return of -25.06%, while the S&P 500 had an annualized return of 11.39%, indicating that Direxion Daily Emerging Markets Bear 3X Shares did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -17.10% | 25.48% |
| 1 month | 21.85% | 2.14% |
| 6 months | 0.94% | 12.76% |
| 1 year | -26.07% | 33.14% |
| 5 years (annualized) | -25.26% | 13.96% |
| 10 years (annualized) | -25.06% | 11.39% |
Monthly Returns
The table below presents the monthly returns of EDZ, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 16.24% | -10.60% | -7.04% | 1.44% | -4.83% | -6.37% | -1.83% | -2.96% | -16.49% | 9.60% | -17.10% | ||
| 2023 | -23.62% | 26.33% | -8.84% | 2.90% | 8.14% | -11.43% | -16.27% | 23.67% | 10.61% | 11.22% | -19.78% | -10.02% | -20.28% |
| 2022 | -3.03% | 12.94% | 2.48% | 18.27% | -5.28% | 14.23% | -0.15% | 4.01% | 42.57% | 2.95% | -36.93% | 8.11% | 49.27% |
| 2021 | -11.08% | -4.40% | -1.57% | -4.79% | -6.00% | -3.44% | 19.42% | -6.31% | 11.92% | -4.32% | 11.36% | -5.35% | -8.69% |
| 2020 | 18.19% | 9.60% | 14.08% | -25.01% | -11.43% | -20.56% | -24.01% | -9.41% | 1.33% | -5.48% | -26.55% | -17.36% | -68.79% |
| 2019 | -26.45% | 4.23% | -3.92% | -6.41% | 23.51% | -16.56% | 8.45% | 10.38% | -5.09% | -11.83% | -0.17% | -19.79% | -43.01% |
| 2018 | -21.74% | 13.82% | -3.57% | 8.01% | 7.13% | 13.86% | -10.32% | 9.83% | 1.28% | 27.08% | -15.57% | 9.70% | 32.87% |
| 2017 | -17.94% | -5.74% | -11.16% | -5.76% | -8.75% | -3.62% | -15.72% | -7.26% | -0.36% | -9.64% | -0.00% | -10.47% | -64.12% |
| 2016 | 11.37% | -1.07% | -32.67% | -3.47% | 10.17% | -16.86% | -15.58% | -3.61% | -10.05% | 1.42% | 10.93% | -0.47% | -46.25% |
| 2015 | -0.75% | -12.92% | 2.28% | -19.48% | 12.40% | 7.73% | 17.79% | 25.47% | 4.92% | -19.39% | 5.57% | 10.13% | 25.25% |
| 2014 | 28.25% | -11.63% | -12.52% | -3.22% | -9.37% | -7.33% | -5.02% | -8.86% | 25.26% | -6.06% | 3.03% | 11.34% | -5.82% |
| 2013 | 0.11% | 6.42% | 1.98% | -5.37% | 14.77% | 12.76% | -6.68% | 5.52% | -21.31% | -13.14% | -0.84% | -0.55% | -11.69% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of EDZ is 2, indicating that it is in the bottom 2% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Direxion Daily Emerging Markets Bear 3X Shares (EDZ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Direxion Daily Emerging Markets Bear 3X Shares provided a 5.57% dividend yield over the last twelve months, with an annual payout of $0.49 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.49 | $0.48 | $0.00 | $0.00 | $0.09 | $0.56 | $0.41 |
Dividend yield | 5.57% | 4.33% | 0.00% | 0.00% | 0.82% | 1.67% | 0.68% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily Emerging Markets Bear 3X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.42 | |
| 2023 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.07 | $0.48 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 |
| 2019 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.08 | $0.56 |
| 2018 | $0.06 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.25 | $0.41 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Direxion Daily Emerging Markets Bear 3X Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Direxion Daily Emerging Markets Bear 3X Shares was 99.97%, occurring on Oct 7, 2024. The portfolio has not yet recovered.
The current Direxion Daily Emerging Markets Bear 3X Shares drawdown is 99.96%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -99.97% | Mar 3, 2009 | 3927 | Oct 7, 2024 | — | — | — |
| -41.31% | Jan 21, 2009 | 13 | Feb 6, 2009 | 15 | Mar 2, 2009 | 28 |
| -33.24% | Dec 24, 2008 | 8 | Jan 6, 2009 | 6 | Jan 14, 2009 | 14 |
| -7.31% | Jan 15, 2009 | 2 | Jan 16, 2009 | 1 | Jan 20, 2009 | 3 |
Volatility
Volatility Chart
The current Direxion Daily Emerging Markets Bear 3X Shares volatility is 15.21%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.